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Oil jumps on pre-holiday buying, Brent up 4 percent on week - Reuters
Reuters | Oil jumps on pre-holiday buying, Brent up 4 percent on week Reuters The market shook off a closely-followed industry report that showed a fourth weekly rise in the last five in the number of U.S. oil rigs operating. According to oil services firm Baker Hughes, producers added 11 oil rigs this week, the biggest increase ... The charm is back in crude: New push factor can lift oil prices beyond $50 US oil falls as supply stabilizes and investors take profits Oil Prices' Rebound Leaves Investors Guessing What's Next |
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